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HomeMy WebLinkAboutResolution 4662-08-2016 A Resolution NO. 4662-08-201A APPROVING, FOR PURPOSES OF SECTION 6.051 OF THE TEXAS TAX CODE, PARKER COUNTY APPRAISAL DISTRICT'S PROPOSED RENOVATIONS AND IMPROVEMENTS TO ITS FACILITIES WHEREAS, the Texas Tax Code requires the creation of a tax appraisal district in each county in the State of Texas, with each district charged with appraising all property within the county for ad valorem tax purposes of each taxing unit in the district; and WHEREAS, under Section 6.06 of the Tax Code district expenses are allocated among the taxing units participating in the district based on each unit's levy on property in the district as compared to the total tax levied on all property in the district; and WHEREAS, on June 21, 2016, the Parker County Appraisal District's Board of Directors approved a resolution proposing improvements to the District's building and facilities, a copy of which resolution is attached hereto as Exhibit A; and WHEREAS, Section 6.051 of the Tax Code requires proposed renovations of a building by the District to be approved by the governing bodies of three-fourths of the taxing units in the district; and WHEREAS, in accordance with Section 6.051 , the Parker County Appraisal District's Chief Appraiser submitted a request to the Mayor, as presiding officer of the Fort Worth City Council, seeking the City Council's approval of the District's proposal and identifying the City's projected allocation of the total costs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: That the Fort Worth City Council hereby approves, for purposes of Section 6.051 of the Texas Tax Code, the renovation of a building as proposed by Parker County Appraisal District in its adopted resolution, which is attached hereto as Exhibit A. Adopted this 9`h day o A 2016. ATTEST: a°,oaoaua ti p, � Rd�O $ 0 By• Mary J. ysP C Secretary p�i� =v aQQ 06 0000* Qaaa4,v?QOxO $44q FoRTWomi I-XI IIBIT A STATE OF TEXAS )( PARKER COUNTYAPPRAISAL DISTRICT COUNTY OF PARKER )( RESOLUTION 2016-6-21 WHEREAS, the Texas Property Tax Code, by its overall provisions and by the specific provisions of Section 6.02, establishes the authority of the Board of Directors to govern the appraisal district, and WHEREAS, the Board of Directors of the Parker County Appraisal District has determined that there is an immediate need for additional office space to conduct the business of the appraisal district, now and into the future, and WHEREAS, Section 6.051 of the Texas Property Tax Code authorizes the Board of Directors of an appraisal district to purchase or lease real property or construct improvements as necessary to establish and operate the appraisal office, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Parker County Appraisal District to seek approval from the governing bodies of the taxing entities it serves requesting permission to construct and furnish an addition to the current appraisal district office of approximately 3,500 square feet at a cost not to exceed $750,000. Funding for this project will be achieved by obtaining a tax-exempt loan at Plains Capital Bank in Weatherford, Texas with payments amortized over fifteen or twenty years. Adopted unanimously on June 21, 2016.